US contract ops slip backwards
- From: Vol 9, Issue 4 (April 2008)
- Category: General
- Region: Unspecified
- Country:
- Related Companies: AECOM, American Water, Aquarion, CH2M Hill, GE, Severn Trent Services, Siemens, Southwest Water Company, United Water and Veolia Water
A dip in design-build revenues in 2007 meant that the ‘big six’ firms posted lower combined turnover than in 2006. A healthy pipeline could reverse the trend in 2008.
US contract operations revenues for the big six companies active in the market were down 2% to $1.44 billion in 2007. The biggest declines, according to data sourced by GWI and Public Works Financing newsletter, were at Veolia Water NA and American Water, where revenues were hit by design-build projects entering the operational phase. Three firms saw revenue increases ...
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